Be Forward, a cross-border EC site operator, announces record sales and units sold for the fiscal year ending December 2025.
NQ Score
100/100
AI Summary (NQ-processed)
BE FORWARD CO.,LTD. achieved record-high sales of 160.946 billion JPY and 190,000 used cars sold for the fiscal year ending December 2025. This is the first announcement since the fiscal year end changed from June 2024 to December. Amidst a depreciating yen and an expanding used car export market, the company strengthened partnerships with shipping companies and flexibly utilized RORO and container ships to maintain stable shipments despite logistics disruptions caused by the Middle East/Red Sea situation. To counter rising domestic auction prices due to the yen's depreciation, the company focused on procuring high-profit inventory and prioritized supply to Southeast African countries, Caribbean nations, and the UAE, leading to improved profitability.
AI analysis data is not yet available.